Deferrals are a common business term used to describe delaying or postponing an event, payment, or obligation. There are various synonym options available for the term 'deferrals' including postponement, deferment, rescheduling, delay, and suspension. Each of these synonyms carries a similar connotation of temporarily halting or delaying some process or payment. Postponement and deferment are more specific in reference to specific events or debts, whereas delay and suspension are more general and applicable to any task or obligation. Rescheduling is used specifically for shifting schedules or deadlines to a later time. All of these synonyms are valuable options when communicating with customers, employees, or other businesses about clashing obligations and difficult timelines.